KEY TERMS
"YOU"- Here means Small and medium Scale Enterprises
"CONCERNED AUTHORITIES"- Here means the body that is responsible for the policies that ensures the establishment and thriving of a small enterprise.

INTRODUCTION- Four (4) fundamental pillars are known to determine the state of Small and medium Scale enterprise, these are
1-REGULATORY ENVIRONMENT
2- FINANCING
3-KNOWLEDGE
4-DEVELOPMENT OF ENTREPRENUERIAL ENVIRONMENT
The first two seem to be at the forefront and of paramount significance for they seem to lay the platform for the establishment and sustainable development of small enterprises.Inability to have access to finance has been a challenge that is relative to small business throughout the world, including Europe where the Small Business sector is even considered developed.

SOLUTION
(FOR THE MOST EFFECTIVE SOLUTION) You need to form a collaborative group (sort of a cooperative society), this will give the whole sector (i mean small business) to discuss the challenges they face and put forth a report to the concerned authorities who inturn will use the report in making policies which are favourable to the small business sector.

NOTE- policy and policy making is most effective when those affected by the policy are consulted in advance...in this case if the authorities didnt come to you you can as well go to them (present the report for their perusal).

CASE STUDY- the Nigerian Government having X-rayed the small entreprise sector decided to boost the sector by introducing the "SMALL AND MEDIUM INDUSTRIES INVESTMENT EQUITY SCHEME". this is a concept that the government introduced in collaboration with the central and commercial banks to set aside 10% of their profit for injection into the small business sector by giving out loans.

Here, the buttom (that is the small business sector) tends to feed the '"up" (which is the concerned authority) with the challenges they face, thereby throwing light into the approach the latter will take in creating and implementing policies that will help boost the small business sector.